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AI brief of an SEC Form 8-K · Everus Construction Group (ECG)

Everus Q4 revenue up 19.5% to $759.7 million; diluted EPS falls to 67 cents

Mixed Impact 4 of 5 earnings Written later

Everus Construction Group reported fourth quarter 2024 revenue of $759.7 million, up 19.5%, but net income fell to $34.4 million from $36.4 million and diluted EPS fell to 67 cents from 72 cents. For full year 2024, net income rose 4.5% to $143.4 million and diluted EPS rose to $2.81, and the company initiated 2025 guidance of $3.0 billion to $3.1 billion in revenue and $210 million to $225 million in EBITDA, below the $232.2 million reported for 2024.

Key points

  • Q4 2024 revenue $759.7 million, up 19.5%; EBITDA $58.3 million, up 0.2%, with margin down 150 basis points to 7.7%
  • Full year 2024 revenue $2.85 billion, flat; net income $143.4 million, up 4.5%; diluted EPS $2.81 versus $2.69
  • 2025 guidance: revenue $3.0 billion to $3.1 billion; EBITDA $210 million to $225 million, with margins expected to be lower than 2024
  • Spinoff from MDU Resources completed Oct. 31, 2024; year-end backlog $2.8 billion, up 38.3%

The filing

CompanyEverus Construction Group (ECG)
Form8-K, current report
Filed with the SECFeb 11, 2025, 4:48 PM ET
Accession number0002015845-25-000005

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.